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Trader Eugene: Liquidated once again, not looking to be a "BTC OG Insider Whale" bottom buyer

BlockBeats News, February 7th, trader Eugene Ng Ah Sio posted on his personal channel stating, "The BTC OG insider whale (Eugene believes this whale is Garrett Jin) has started to liquidate his BTC position. Not wanting to be his bagholder (Exit Liquidity), I liquidated once again. This market has become extremely tough, so from now on, I will only take action on trade opportunities with a very clear risk-reward ratio. This year's dip buying was decent, but the results could have been much better."


This afternoon, the "BTC OG insider whale" once again transferred 3401 BTC to Binance.

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Eugene believes that discovering opportunities relies on experience, trial and error, and nurturing intuition.
1. The Federal Reserve will announce its interest rate decision at 2 a.m. on August 1 2. Matrixport said Bitcoin is currently uncorrelated with Nasdaq 3. An address successfully sniped NEIRO through Banana Gun, with a floating profit of more than 116 times 4. Top trader Eugene Ng Ah Sio has completed the long-term holding of altcoins 5. Bitcoin mining difficulty increased by 10.5% to 90.67 T, a record high
1. Bitcoin rebounded above $56,000, with a 24-hour increase of 0.61% 2. SOL price rebounded to above $140 in a short period of time, with a 24-hour increase of 5.62% 3. BNB rebounded above $480, and the 24-hour decline narrowed to 2.06% 4. ZkRollup network Zircuit opened ZRC airdrop applications, 7% of ZRC supply (262,200 addresses) are eligible to receive, with a total of 10 billion, 21% for airdrops and community reward distribution 5. Top trader Eugene Ng Ah Sio hinted on social platforms that he may have opened a position again, involving 2x perpetual contract positions of ETH and SOL
Last week, Ethereum spot ETF saw a net inflow of $349 million, while Bitcoin spot ETF saw a net outflow of $388 million during the same period.
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